S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

Air Transport Services Group (ATSG) Stock Price, News & Analysis

$15.60
-0.06 (-0.38%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$15.29
$15.74
50-Day Range
$14.32
$21.53
52-Week Range
$14.03
$28.98
Volume
1.41 million shs
Average Volume
622,079 shs
Market Capitalization
$1.02 billion
P/E Ratio
10.54
Dividend Yield
N/A
Price Target
$23.83

Air Transport Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
52.8% Upside
$23.83 Price Target
Short Interest
Healthy
8.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.35
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$49,695 Bought Last Quarter
Proj. Earnings Growth
14.19%
From $1.55 to $1.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Transportation Sector

37th out of 103 stocks

Air Courier Services Industry

2nd out of 3 stocks


ATSG stock logo

About Air Transport Services Group Stock (NASDAQ:ATSG)

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments: Cargo Aircraft Management Inc. (CAM), and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2022, the company's in-service aircraft fleet consisted of 111 owned Boeing aircraft and 17 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. The company was founded in 1980 and is headquartered in Wilmington, Ohio.

ATSG Stock Price History

ATSG Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
ATI cargo pilots give union power to call a strike
ATSG Delivers Boeing 767-300BCF to My Freighter
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
What 4 Analyst Ratings Have To Say About Air Transport Services Gr
Q3 2023 Air Transport Services Group Inc Earnings Call
ATSG Reports Third Quarter 2023 Results
ATSG to Host Third Quarter 2023 Investor Conference Call
Air Transport Services Group names new president
See More Headlines
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Company Calendar

Last Earnings
11/06/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
Employees
5,320
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$23.83
High Stock Price Target
$30.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+52.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$198.58 million
Pretax Margin
7.72%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$7.76 per share
Book Value
$19.42 per share

Miscellaneous

Free Float
63,837,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
0.69

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ATSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ATSG shares.
View ATSG analyst ratings
or view top-rated stocks.

What is Air Transport Services Group's stock price target for 2024?

6 analysts have issued twelve-month price objectives for Air Transport Services Group's stock. Their ATSG share price targets range from $15.00 to $30.00. On average, they predict the company's stock price to reach $23.83 in the next year. This suggests a possible upside of 52.8% from the stock's current price.
View analysts price targets for ATSG
or view top-rated stocks among Wall Street analysts.

How have ATSG shares performed in 2023?

Air Transport Services Group's stock was trading at $25.98 at the beginning of 2023. Since then, ATSG stock has decreased by 40.0% and is now trading at $15.60.
View the best growth stocks for 2023 here
.

Are investors shorting Air Transport Services Group?

Air Transport Services Group saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 4,250,000 shares, a drop of 6.6% from the October 31st total of 4,550,000 shares. Based on an average daily trading volume, of 575,800 shares, the days-to-cover ratio is presently 7.4 days. Currently, 8.2% of the shares of the company are sold short.
View Air Transport Services Group's Short Interest
.

When is Air Transport Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our ATSG earnings forecast
.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) posted its quarterly earnings results on Monday, November, 6th. The transportation company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.17. The transportation company earned $523.14 million during the quarter, compared to analyst estimates of $522.70 million. Air Transport Services Group had a net margin of 5.65% and a trailing twelve-month return on equity of 10.27%.

What ETFs hold Air Transport Services Group's stock?
What guidance has Air Transport Services Group issued on next quarter's earnings?

Air Transport Services Group updated its FY23 earnings guidance on Tuesday, November, 7th. The company provided earnings per share guidance of $1.50-1.70 for the period, compared to the consensus estimate of $1.91.

What other stocks do shareholders of Air Transport Services Group own?
Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Amazon Com Inc. (18.01%), River Road Asset Management LLC (13.30%), JPMorgan Chase & Co. (3.50%), FMR LLC (2.80%), U S Global Investors Inc. (2.02%) and Private Capital Management LLC (1.81%). Insiders that own company stock include Amazon Com Inc, David R Soaper, Deborah A Loveless, Edward Joseph Koharik III, Edward Russell Smethwick, James T Pradetto, Jeffrey J Vorholt, John Christopher Teets, Joseph C Hete, Matthew E Fedders, Michael L Berger, Quint O Turner, Randy D Rademacher, Raymond E Johns Jr and Richard Francis Corrado.
View institutional ownership trends
.

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:ATSG) was last updated on 12/11/2023 by MarketBeat.com Staff

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